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Tom Bevan: Biden's Approval Rating Lower Than Bush, Obama, or Trump at This Point in His Term

Wed, 05/08/2024 - 18:08
RCP co-founder Tom Bevan looks at the latest job approval ratings for President Biden on Tuesday's edition of the RealClearPolitics radio show with Andrew Walworth and Carl Cannon. TOM BEVAN: Biden's job approval rating in our RealClearPolitics Average is at 39.2% (now 39.1% as of Wednesday) which is among the lowest. His all-time low in our Average was 37.2%, which was way back in late July and early August 2022. Over the last six months or so, he's been bouncing right around 40%, which is not great, but he hasn't spent a whole lot of time under 40%, which is where he finds himself now. If you go back and look at where presidents were, the last three presidents at least, at this point in their term, he's well behind even Donald Trump who never got over 50% job approval in our Average the entire time he was president. At this point, on May 7, in the fourth year of Trump's term, he was at 44.6%. Obama was at 47.1% and George W Bush was at 48.2%. So he's lagging pretty far behind all of the other modern presidents at this point. ANDREW WALWORTH: That TIPP poll asked people to give the president a grade on issues, which I thought was an interesting wrinkle. A majority gave him a failing grade on five issues -- immigration, crime, taxes, the economy, and the Israel-Hamas conflict. Fifty-one percent gave him a failing grade on his overall performance. Not great numbers, I would imagine. CARL CANNON: You wouldn't think that a president who had these numbers in May could be reelected, but Joe Biden will be not only the first 81-year-old man to seek reelection, he's quite likely to be the first incumbent running against a convicted felon. So I keep saying the same thing, these numbers look horrific but he's still running against a singularly polarizing challenger who is also not popular. I have to say that the poll numbers that got me, and this was a quote from that poll that you cited, "Voters have historically low confidence in Biden's handling of the economy." Historically low. You know that in 1992, James Carville made himself famous by putting up that side of the Clinton headquarters, "It's the economy stupid." If it's the economy this time, Biden's in even worse trouble than those numbers that Tom outlined. ANDREW WALWORTH: How do you square that? These terrible poll numbers when it comes to job approval and direction of the country, and yet neck-and-neck with Donald Trump in national polls. TOM BEVAN: Well, because we're so polarized, I mean, we're absolutely tribal, red team-blue team as a country. Most Democrats think Biden's doing a bang-up job. They approve overwhelmingly. He has lost a little bit of altitude with Democrats who are unhappy with his position on Israel, for example, and what's been going on. But overall, Democrats have been super supportive of him so far. Republicans haven't been supportive of him at all, and independents have sort of floated around mostly in the middle, but predominantly on the negative side. That was essentially the story of Donald Trump's approval rating as well. He just never got any support. Obama got support from Republicans, Bush got support from some Democrats. That's how they were able to get, you know, 45, 55, 60% approval ratings. In this current environment, even a guy like Joe Biden who has this history of being a moderate and working with the other side, he is as polarizing as any president has been in the modern era.

Biden Campaign: We're Doing Everything To "Educate" Black Voters On All The Ways Biden Has Put Them At The Forefront

Wed, 05/08/2024 - 18:00
Biden-Harris 2024 Black Media Director Jasmine Harris said the campaign is investing seven figures in constituency and Black media to make sure voters know the president put them at the "forefront" in an interview on Sirius XM's 'Mornings with Zerlina' with host Zerlina Maxwell. We're investing seven figures in constituency media and Black media to make sure that we're doing everything that we can to educate voters on all of the ways that the Biden-Harris administration has put them at the forefront," Harris said. "You know, we have record low Black unemployment, millions of new jobs created for Black workers specifically. You have a record number of Black owned small businesses starting up and federal investments in those businesses to make sure that they're successful. And so we just are doing everything we can, putting our money behind making sure that these voters are aware that the president and the vice president put them at the forefront of their administration and they need four more years to continue building on that work."

Paul Ryan: I Will Not Be Voting For Trump, He Does Not Have The Character Required For The Presidency

Wed, 05/08/2024 - 17:44
Former Republican Speaker of the House Paul Ryan in an interview with Yahoo! Finance announced he will not vote for Donald Trump: "Character is too important to me and it's a job that requires the kind of character that he just doesn't have. Having said that, I really disagree with Biden on policy. I wrote in a Republican last time, I'm going to write-in a Republican this time."

RealClearPolitics: Marjorie Taylor Greene's Move To Vacate the Speaker's Chair, Trump's Financial Options, New Battleground State Polls

Fri, 03/22/2024 - 23:15
Friday on the RealClearPolitics radio show (Monday through Friday at 6:00 p.m. EDT on SiriusXM's P.O.T.U.S. Channel 124), Andrew Walworth, Washington bureau chief Carl Cannon, and RCP president and co-founder Tom Bevan talk about Rep. Marjorie Taylor Greene's move to vacate the House speaker's chair, new battleground state polls, and Donald Trump's financial options in the days before he has to post a bond in New York. They also discuss President Biden's proposal for a $10,000 credit for first-time and repeat homebuyers. Next, Andrew Walworth talks to James Freeman, assistant editor of The Wall Street Journal's editorial page, about the surprising strength of Dean Phillips in the Ohio Democratic primary and what it reveals about a growing Democratic protest vote against President Biden. Finally, Tom speaks with Mary Katharine Ham about the politics of Laken Riley's murder and its impact on Americans' views of illegal immigration.

FOX News Panel Mocks Marjorie Taylor Greene's Motion To Vacate: "Yet Another Tantrum"

Fri, 03/22/2024 - 20:43
The FOX News "Outnumbered" panel has had enough of Rep. Marjorie Taylor Greene, saying her motion to vacate the chair and retire House Speaker Mike Johnson is "enough." KAYLEIGH MCENANY: So, Marjorie Taylor Greene said I have not talked to President Trump about this. Largely, President Trump and Speaker Mike Johnson have had a great relationship and speaker Mike Johnson put out a tweet congratulating him on securing the nomination. Seems like a big voice you would want to get input from since he's the head of the party at the moment. EMILY CAMPAGNO: We are seeing yet another tantrum by a tiny fraction of that conference that is disrupting the entire machine that we just exhaustively waited for to get back on track. Here we are again watching someone steal the time and steal the audio and the limelight and the attention. She says we should have our attention on the illegal streaming across the border but no, our attention was on you while you gave this presser. I am sick and tired of it as a Republican and an American citizen. I want them to get to work. Who is better than him? What is the plan? I don't want them to take two days off to vote for that and figure everything out and look incompetent during a presidential election year. This is the last thing I want to be subjected with, and at a minimum it is disappointing. KAYLEIGH MCENANY: There's a great irony here. As I listen to her and I hear her say that there's a video everyone is focused on and that is illegal immigrants rushing the border. It is a video about 6 minutes ago we were set to play, and you are not seeing right now because we are talking about Marjorie Taylor Greene and it raises the question. She did not make this live, so nothing happens for two weeks. Is this a fundraising exercise so she can go back to her district for two weeks and fundraise off of it? What's the motive? CARLEY SHIMKUS: The motive in part could be -- this scrum media around Marjorie Taylor Greene reminds me of a lot what happened with Matt Gaetz when he did this to Kevin McCarthy. You become the most powerful person in Washington during that period of time, so that could be a part of her motive. Another part of the motive might be because she doesn't like the spending bill and that's what she'll say when she gets booked on conservative shows to talk about this. Mike Johnson is not a --what did she say? An arm of the Democratic Party, he is a strong conservative. What is happening with him is, anybody who becomes House Speaker it is a very big challenge especially when you are dealing with such a slim majority. And he wanted to avoid a government shutdown.

White House: "No Indication At This Time" That Ukraine Was Involved In Moscow Terror Attack

Fri, 03/22/2024 - 20:17
U.S. National Security Council spokesman John Kirby issued a pre-emptive denial that "Ukraine or Ukrainians were involved" in the mass shooting terrorist attack in a Moscow-area shopping mall/theater. "Our thoughts obviously are going to be with the victims of this terrible, terrible shooting attack … There is no indication at this time that Ukraine or Ukrainians were involved in this shooting."

White House: "Grab Your Popcorn," House Republicans Are Ousting Another Speaker

Fri, 03/22/2024 - 20:11
White House press secretary Karine Jean-Pierre advised observers to "grab your popcorn" when asked at Friday's briefing for comments on the latest effort to oust the Republican House Speaker. "We've always been very clear. We are not going to get in the middle of what's going on in House leadership," she said. "We're just not going to speak to what's going on with the leadership. "I guess, you know, grab your popcorn, sit tight, watch what's happening."

Trump: You Are Paying The Price In Your Grocery Bill For All Of Joe Biden's Waste And Plunder

Fri, 03/22/2024 - 19:54
This video message from the Trump campaign hits President Biden for triggering inflation and raising entry and grocery prices: DONALD TRUMP: Under Crooked Joe Biden, the worst president in the history of the United States of America, the price of food has surged nearly 39%. When you go to the grocery store, you're spending $150, $200 even $250 or more, and you can't even believe how little food you're getting or buying, comparing it to three years ago when I was president. The cost of basics like eggs and chicken and steak is way up, and it's getting worse and worse with each passing day and month. Every time you go to the grocery store and pay these brutal prices, just remember this is crooked Joe Biden's inflation and there's never been an inflation like it. It's the worst in 72 years, but I think it's much longer than that. Under my leadership, we had no inflation, it was virtually zero. Then Crooked Joe came along and you had inflation at the highest level in 52 years. Joe Biden and the radical left Democrats printed trillions and trillions of dollars and wasted it on the green new scam, and that's what it is. It's the green new scam. It's a disaster. And taxpayer-funded benefits for hordes of illegal aliens. We're paying so much for illegal aliens but we're not taking care of our soldiers, our veterans, we're not taking care of our people and that includes the elderly. Now, you are paying the price in your grocery bill for all of Joe Biden's waste and plunder. We've never had anything like this. He's the worst president in the history of our country and he's not taking care of our people. He probably doesn't know that because I'm not sure he knows anything but he's not taking care of our people. He looted the treasury to enrich his political allies. And now you have to pinch pennies in your own shopping cart to cover the cost and you look at it on a weekly basis. How much more it is, it just keeps going up and up. It's a disgrace, but I will fix it and I will fix it fast. I will end Joe Biden's inflation nightmare once and for all and we will quickly rebuild the greatest economy in the history of the world. We will drill baby drill, we will get energy prices down to a level that we haven't seen in four years and then everything else will follow. You're going to be very happy again. You're gonna be very rich again and that's the way we want it to be.

White House On Video Showing Migrant Assault On Texas National Guard: "We Didn't Put Them There"

Fri, 03/22/2024 - 19:20
FNC's Peter Doocy asked White House press secretary Karine Jean-Pierre to comment on this New York Post video allegedly showing a mob of illegal immigrant men attacking members of the Texas National Guard guarding the U.S. border. "They were all apprehended," Karine Jean-Pierre said about the people in the video. "The reason why you're talking about the Texas National Guard, they were there because of the governor of Texas... We didn't put them there, he put them there."

This is the moment when TX National Guard became overrun by migrants rioting to get across the border here in El Paso today

We were there and saw it all happen. Absolute chaos here. pic.twitter.com/VN6Kf663ie

- Jennie Taer (@JennieSTaer) March 21, 2024 PETER DOOCY, FOX NEWS: What does President Biden think should happen to adult men who are assaulting and overpowering U.S. National Guardsmen? KARINE JEAN-PIERRE: Well first let me say we are grateful to Border Patrol agents for quickly working and getting the situation under control and apprehending the migrants. I want to be really clear on that, everyone was apprehended by Border Patrol. They were able to do their job, even though the Republican governor, in particular, Gov. Abbott has made it more difficult for them. They need more resources, they need more personnel. We have to have the backs of our law enforcement on the ground who are dealing with this every day. But Republicans are getting in the way, Republicans in Congress do not want to help. And you have a governor, Gov. Abbott, who is politicizing it. That is what is happening, Border Patrol agents did their job, even though the governor is getting in the way of them doing their jobs. PETER DOOCY: You talk so much about having a more humane immigration system, this video does not show helpless women and children begging for a safe place to come into, it shows adult men landing haymakers on U.S. troops in uniform. If that was happening anywhere else in the world, wouldn't President Biden send reinforcements? KARINE JEAN-PIERRE: Two things, everyone was apprehended by the Border Patrol agents. That is important to note. They were apprehended. PETER DOOCY: Were they deported? KARINE JEAN-PIERRE: They were apprehended. I can't speak to individual cases, that is not something I do from here. But they were all apprehended. And the reason why you're talking about the Texas National Guard -- they were there because of the governor of Texas. The governor of Texas put the Texas National Guard there. We didn't put them there. He put them there. What we need is actually real solutions, we need to see resources. The Border Patrol agents deserve resources, and we're not getting that from Republicans. They're rejecting a bipartisan agreement that came out of the Senate.

Biden Campaign Ad: Trump Will Rip Away Your Healthcare

Fri, 03/22/2024 - 18:13
This ad from the Biden campaign targets Donald Trump's efforts to repeal Obamacare.

Full Replay: WH Press Secretary Karine Jean-Pierre Briefs Reporters

Fri, 03/22/2024 - 17:45
WH press secretary Karine Jean-Pierre will speak to reporters live around 2:00 pm on Friday.

Tom Bevan: Democrats Are Taking Third-Party Candidates Seriously, Especially Kennedy

Fri, 03/22/2024 - 16:36
RCP co-founder Tom Bevan and Washington bureau chief Carl Cannon discuss a New York Magazine article discussing whether "Democrats Are Starting to Take the RFK Jr. Threat Seriously" and other third, fourth, and fifth-party candidates in 2024, with Andrew Walworth on Thursday's edition of the RealClearPolitics radio show. Tom Bevan explained: "There's no question when you look at these states, and even nationally where RFK is getting 15% of the polls. In some battleground states he's getting anywhere from 10-15 or 20%. When more candidates are added to the mix it seems to be hurting Joe Biden more than Donald Trump. I don't think there is any question that Democrats are taking this seriously. They've hired Liz Smith, who worked for Pete Buttigieg, to run a war room. It's going to be a big focus of theirs. And it's not just RFK -- any of these other candidates, Cornel West and Jill Stein, are smaller threats but still. And of these votes not going to Biden is a problem." Carl Cannon added: "Do you guys think 'No Labels' ultimately is going to field a candidate? Then you're talking about some of these ballots with six names on it. Five out of six of them are names people might have heard. It's been a while since this country had a presidential election like that." "My guess is they are going to field a candidate, only because they've invested this much time and energy in the process so far," Andy Walwoth replied. "And we've invested so much time and energy talking about what 'No Labels' is going to do." "I actually think the opposite," said Tom Bevan. "I don't know how they're going to find someone who is going to join this race and not hurt Joe Biden, which they promised they would not do. Trump supporters are just so locked in... that it really is hard to see anyone they could put on the ballot who could draw votes away from Trump instead of Biden."

Marjorie Taylor Greene: Motion To Vacate Is "More Of A Warning Than A Pink Slip"

Fri, 03/22/2024 - 16:26
GOP Rep. Marjorie Taylor Greene discussed her "motion to vacate" House Speaker Mike Johnson's leadership position with reporters on the steps of the Capitol on Friday. "The clock has started, it's time for our conference to choose a new Speaker," she said. "I filed a motion to vacate today. It's time for us to find a new Speaker of the House... I will go through and force this vote."

Kudlow: The Federal Reserve Is A Rorschach Test, You Can See Into It Whatever You Want

Fri, 03/22/2024 - 15:50
FOX Business' Larry Kudlow said "I know the Fed we've gone on endlessly did they, would they, were they, rates going up, the Fed is a Rorschach test, You can see into it what whatever you want. That's been my line for the last 48 hours, maybe the last 48 years." Kudlow continued saying "maybe this last rally was prompted by what [Federal Reserve Chairman] Jay Powell said yesterday, I can't imagine why because know one knows what he really said."

Charles Payne: Young Americans Are "Doomspending" Because They Have Zero Hope For The Future

Fri, 03/22/2024 - 15:34
On 'Hannity' Charles Payne explained why younger Americans are "doomspending" because of the Biden Administration's policies: "That there is a difference though between folks and generations that have live this way the past, year right, is not necessarily new. A hallmark of America has been way we have been able to work our way out of this. There is a lot of things going on. One thing they call for instance it doom spending, where young folks are just spending everything, borrowing money and maxing out of their credit cards not because are frivolous or because of YOLO or FOMO, it's because they have zero hope in the future. And it's one of the things that elected leader has to do. The person in the white house has to be the CEO of America. When I say CEO of America, Chief Excitement Opposite. You have to make us love and embrace this nation and everybody in this nation be a part of this feature instead of separating, dividing is, chastising us and beating some of us for not beating on the same political ideology as you. And by the way, the 30 and 40 -year-olds are plunging right now because they can't afford to raise her families."

Douglas Murray: Claim Of Genocide Is An "Unbelievable Smear Against Israel"

Fri, 03/22/2024 - 15:01
The state of Israel shared this conversation between Douglas Murray and South African TV anchor Jane Dutton about the Gaza War where she allegedly "makes several false and libelous claims about Israel." "There's an awful lot of things going on in the world … an awful lot of conflicts. I don't think at all that what's happening in Gaza is genocide; I think it's an unbelievable smear against Israel. I've covered that war as I've covered many others," Murray says. "I was in Ukraine last year. Are the Ukrainians committing genocide?" "Russia's committing a war of hostile aggression, for sure, although it doesn't seem to be attempting to eradicate the Ukrainian population as a whole, which is, of course, what genocide is," he said. "The allegation of genocide … why would Israel be committing genocide in Gaza?" he asked her. "What would you describe it?" she asked. "It's a war, which I've seen up close," Murray said. "Let me just explain that: If you start a war, which is what Hamas did on the 7th of October, if you start a war, there are repercussions There are repercussions to Russia starting a war against Ukraine. Russia's lost a lot of troops. There are repercussions for Hamas starting a war against Israel."

Andrew Weissmann: Judge Cannon "Engaging" In "Catch And Kill," Which Is To Never Have Trump Go To Trial Before Election

Fri, 03/22/2024 - 14:25
Weissman accuses judge of acting in Trump's favor to "catch and kill" the trial. ANDREW WEISSMAN: The one thing I would take issue with, at least from this legal commentator, I don't think her conduct is baffling. I think it's intentional. And so to your point, remember that this is a judge who in the preindictment phase was reversed not once, but twice, by the conservative 11th circuit in scathing language because of actions that both times were highly favorable and against the law for Donald Trump. That's not me saying it. That's the 11th Circuit saying it. With the respect to the jury instructions, one, it's odd to be talking about jury instructions when you haven't even set a trial date, but leave that aside. She gave the parties two options to explore and to provide instructions on both of which were legally wrong. Both of which were favorable to Donald Trump. So she has consistently making erroneous legal decisions. They are consistently always on the side of Donald Trump. And as the transcript shows in terms of how that came about, it came about because it's precisely what Donald Trump's lawyers asked for and said should be done and then she did it. There is no law to support it. And to be in the weeds, she keeps on referring to the Presidential Records Act and wants to instruct the jury on the Presidential Records Act. That is not the crime. It has nothing to do with the crime. It is what Donald Trump wants the case to be about, but it is not actually what the criminal law is about. So this is a judge in my estimation is engaging in out in the open in catch and kill. Which is to never has this case go to trial before the election. Which is really is also, if you think about Donald Trump and what a defendant who actually thinks they're innocent running for the presidency, they would want their day in court to clear their name. That is not what's going here. He wants to avoid a public trial where facts and law can matter, and that is what she's doing for him.

Ari Melber: Bond Requirement Has Exposed That Donald Trump Is Not A "Normal Liquid Billionaire"

Fri, 03/22/2024 - 13:57
Donald Trump's properties are at risk as he races the clock to post his half-billion dollar bond in his New York fraud case. MSNBC's Ari Melber reports. ARI MELBER, MSNBC HOST: Welcome to THE BEAT. I'm Ari Melber. And Donald Trump is running out of cash and running out of time. He is short on funds personally, with this big deadline, and politically. And I'm going to explain why all of this is crashing together for him in a way that could actually upend how this election goes, whether he is on equal footing with the Democrats and a lot of other big stuff. So, you may have heard there is a Monday deadline for the half-a-billion dollar bond that he must pay. When I say must, let me put it like this. He lost the fraud judgment. So, if he doesn't pay it, they will start to take his buildings. He does have the right to appeal if he puts up a bond for the fraud judgment. You are required under law to do that to appeal a fraud loss. And he is in New York courts, and New York legal requirements matter and apply to him, like any other person. But no one, no bank, no hedge fund, no institution has yet stepped up to fund Donald Trump, to put money down, which he then would use to say, OK, they're holding onto that while he gets to appeal. And the reason is important. We will get into that. Trump is very frustrated. He's now begging for help from people who have, apparently, money, unlike him. He is -- quote -- "hitting up high-dollar donors," not just for campaign cash at this juncture, as the general election gets into full steam, but -- quote -- "also to see whether they might guarantee his bond." And the details about Trump's fund-raising show how all of this is clashing together, because he has an agreement with the RNC that donor money, some of it goes to a PAC which pays Trump lawyers before the Republican National Committee gets its funds. And that's just for money going to them. You can only imagine what's happening to the money that goes directly to Donald Trump's political groups and political action committees. And it's becoming clear tonight, as we barrel towards this deadline, that Trump may not be able to come up with not only the funds himself, but with anyone who will post the bond for him. (BEGIN VIDEO CLIP) JOY BEHAR, CO-HOST, "THE VIEW": Nobody wants to lend them the money, in this country anyway. Who knows what's going to happen with Russia and Saudi Arabia? Because they know that he doesn't pay his bills back. MARTHA MACCALLUM, FOX NEWS ANCHOR: Is there any effort on the part of your team to secure this money through another country, Saudi Arabia or Russia, as Joy Behar seems to think? ALINA HABBA, ATTORNEY FOR FORMER PRESIDENT DONALD TRUMP: Well, there's rules and regulations that are public -- I can't speak about strategy -- that requires certain things. And we have to follow those rules. (END VIDEO CLIP) MELBER: You heard. That word salad was not exactly a, no, we won't let the Saudis fund this. Now, remember, Donald Trump spent a lot of time telling everyone, especially his own supporters, that, because he was so rich, he was independent, that he couldn't be bought off and he wasn't worried about his next job or going into lobbying or the other things that happen in Washington. And, by the way, it is true that some politicians go on to do those things. And that is a problem. We have covered that problem. But, apparently, it turns out it is not true that Donald Trump is independent as a billionaire, because, apparently, he's not that kind of billionaire. So, you have a president here with his own lawyers in public not able to disavow that a foreign government would fund him and thus own a piece of him. As we reported last night, Trump has asked his own supporters to simply keep giving money so the government would not put its hands on Trump Tower. What you see on your screen is an actual recent e-mail basically doing fund-raising where, instead of a bond company covering this, Trump is suggesting maybe his own fans, who allegedly, apparently, have less money than him, would cover his bills. Now, those Republican donors, both small and large, apparently are skeptical. Trump's lawyers have asked over 25 bond companies, separate different financial companies that do this, to put up a stake, where they would say, OK, you have got your buildings, we will put up the money. And they're all saying no, even the high-risk ones, even the ones that he has prior relationships with, even the ones that might have MAGA Republican people in leadership. They're all, banks and lenders alike, saying no. When you are rebuffed by over 25 lenders, it's clear you're not a normal liquid billionaire. And it's clear that these bankers have taken a Drake attitude towards Donald Trump. The Canadian rapper famously said -- quote -- "I can't talk to broke boys. Yeah, I can't talk to broke boys" -- end quote. Well, these bankers don't talk to broke boys or broke elderly billionaires. And, by the way, we are still using that word loosely, charitably, and somewhat at times skeptically, because Donald Trump's message -- and a remind -- reminder to everyone, he is running for president right now. He is the Republican presumptive nominee. And he's still claiming to be a billionaire. But it is a very oxymoronic stance to publicly say you're a billionaire, just that special kind of rare billionaire we don't usually hear about, the billionaire who can't pay debts, the billionaire who needs handouts, the billionaire who can't even secure bond funding. Any traditional billionaire, especially one who has multiple B's, could either pay this up front or easily arrange the credit in lending. So, what kind of billionaire is Donald Trump? Again, I'm not saying this as criticism, and I'm not saying it's better to be rich or poor. I'm just saying that he is not who he said he was. Donald Trump's lawyers admitting -- I will show you what they say -- that getting this kind of money by this deadline Monday would be -- quote -- "virtually impossible" for him. And the use of real estate as collateral, the New York attorney general points out in a new filing pushing back on that claim, is -- quote -- "hardly impossible as a general matter." Let me explain to you exactly what she's saying there. If you actually own the property, as anyone with any kind of house knows, well, it does provide collateral. That's literally what it is. In other words, you have your house, and you can use it as collateral for credit. You don't need to be a big New York real estate kingpin to know that. The attorney general, responding to that admission from Trump's lawyers, is basically saying, you must not own those properties. So, you don't have the liquid money to put -- just put it in escrow while you do the appeal, and you don't have properties you outright own that bond companies would use as collateral, which raises the deeper question for someone who is still running for president partly on his business acumen and his record. His message is not, I have been a con man all these years. His message is not, I agree with the fraud ruling. His message is, I'm really rich, the fraud ruling is unfair, it wasn't fraud. But to respond to appeal the fraud ruling, he looks, well, like there's a lot of fraud, because he just can't show the money that was at issue in the underlying case. The government now eying Donald Trump's different properties. His fund-raising e-mail mentioned Trump Tower. Actually, though, according to Bloomberg, a financial publication, they're looking at Seven Springs Upstate, something they could take to cover the cost. And you can see from the overhead shot there it does look like a nice piece of land, if they really own it. It's in Upstate. The company -- the company that the Trump family keeps there, they have called it their compound. They have called it a place they like to relax. And the New York government, through the attorney general's office, is calling it something that they might take ownership of as the fraud penalty. This is the real world. This is how it really goes down. As for Donald Trump himself, here's what he claimed about what he had recently under oath. (BEGIN VIDEO CLIP) DONALD TRUMP, FORMER PRESIDENT OF THE UNITED STATES (R) AND CURRENT U.S. PRESIDENTIAL CANDIDATE: I don't need the money. You probably see the cash. We have a lot of cash, I believe, but we have substantially in excess of $400 million cash, which is a lot for a developer. Developers usually don't have cash. They have assets, not cash. But we have, I believe, 400-plus, and going up very substantially every month. (END VIDEO CLIP) MELBER: Now, that's not just some claim at a campaign rally. He was there in an oath setting, in a deposition that he'd originally fought off, claiming he had, interestingly, about $400 million in cash. He does not have it. If he had $400 million in cash, he would have put it up already by Monday, and he wouldn't have lawyers saying in new legal filings, where their career, their truth is on the line, that they don't have any ability, that it would be almost impossible to cover this. Meanwhile, Trump's political action committee is plowing over $5.5 million into the legal bills. That's last month alone. Comes out to over 190K per day on lawyers and legal fees, and, again, not money that he can afford. Apparently, he needs to get a handout from others to cover his own lawyers. Now, there is a well-known way out of these kind of financial dealings. I bet you heard of it. It's called bankruptcy. It's something that Donald Trump's companies have used before, and it doesn't always mean that it's a bad thing. There are plenty of people in business who will tell you there are ways to use the bankruptcy laws and still come back totally solvent or rich. "The Washington Post" reports, though, that whether or not that would be a business option, Trump has decided against it over -- quote -- "concern it could damage his campaign." You think? You think, if you spent decades claiming you were a billionaire, and then the first time you had to actually publicly put up some money, you just declared bankruptcy, that might damage your brand, that might make, I don't know, one out of 20 or one out of 10 Republican fans think skeptically about the whole story they have been sold? Well, Donald Trump, according to the 2020 results, cannot lose one out of 20 or one out of 10 of his core voters. He needs to make up voters to make up the edge of seven million down that he had in 2020. So, this story, while financial, is also political. It's also electoral. Trump's finances are under that crunch. Politically, the fund-raising numbers -- this is a subset, but related issue -- show Trump and the RNC now have about $50 million, about $45 million there, if you count it up. That's him and the RNC, and they are one now that he's the presumptive nominee. That's cash on hand. We have these numbers officially because they are regulated. So, you actually have to report this into the government. Rules still matter -- $45 million. Now, let me show you what Biden and DNC had on their side, about $97 million, about double in the most recent numbers that are available. So this is a picture of a mismatch. You do not want to be running 100 percent behind in funding month after month in a general election, because that means you could be outspent double on TV ads in Ohio or the ground game in Florida or all the other things that we talk about in the news about what campaigns do. Well, this is how they fund it. This is a problem for Trump, whether he claims to be rich or not. And Biden, well, he's using this to stunt on the victory here and take a dig. He told a joke at a recent gathering of Democrats in Dallas. It was a fund-raiser, speaking of cash, that -- quote -- "Just the other day, this defeated-looking man came up to me and said: 'Mr. President, I need your help. I'm in crushing debt. I'm completely wiped out.'" And Biden said, he answered -- quote -- "Donald, I'm sorry. I can't help you." Trump's finances are also seeping out beyond just the news environment or the people who follow New York bond fraud appeals rulings, which is not everyone's cup of tea, but if you just watch TV or you're online, watching the late-night shows, you will hear about it. (BEGIN VIDEO CLIP) JIMMY KIMMEL, HOST, "JIMMY KIMMEL LIVE": Something tells me, over the weekend, Trump's going to start talking about how strong Vladimir Putin is and, suddenly, a dump truck full of rubles will pull up and cover this for him. JIMMY FALLON, HOST, "THE TONIGHT SHOW": Trump didn't fill out a bracket because he doesn't have the 10 bucks to join the pool. (LAUGHTER) (END VIDEO CLIP) MELBER: These are the kind of jokes that would obviously personally bother Donald Trump. And the point here is not that we should turn our elections into another stand-in for a financial billionaire, rich Wall Street debate. Indeed, as I have told you at other times in other ways, our political system is already too tied to and too distorted by big money. But we do have two nominees, and one of them claims to be a billionaire. One of them claims to be successful. And one of them claims to be good at business and good at dealing with the law and delay, delay, delay and all the other things we hear. But is it possible that the story does not always remain the same, that the financial pressure on Donald Trump, which is over $600 million, if you total the fraud thing I have been telling you about tonight, and the defamation case that went over $90 mil, and over $50 million in other legal fees, and the interest on the fraud judgment, which will keep running while he does the appeal, is it possible that all of this pressure is building up, and this story is changing because the billionaire might be broke? Which means we really might have to stop referencing him being a billionaire.

Kevin O'Leary: What's Happening In New York Is Tainting America's Brand, Trump Judgment Is Not A Good Look

Fri, 03/22/2024 - 13:51
On FOX News 'Jesse Watters Primetime' Kevin O'Leary talked about the concerns over New York's AG Letitia James targeting Donald Trump and how the actions are "ruining the American brand:"

Luntz: If NY AG Letitia James Seizes Trump's Assets, You Are Going To Elect Donald Trump

Fri, 03/22/2024 - 13:10
Pollster Frank Luntz on CNN warned if New York Attorney General Letitia James starts to seize former President Donald Trump's assets, "You're going to create the greatest victimhood of 2024, and you're going to elect Donald Trump." "If they take his stuff, he's going to say that this is proof that the federal government and the establishment and the swamp in Washington and all the politicians across the country and the attorneys generals and all of this, that this is a conspiracy to deny him the presidency," Luntz told CNN's John Berman on Thursday. "He's going to go up in the polls just like he went up every single time they indicted him." JOHN BERMAN, CNN: We'll have to watch that going forward. All right, Frank, the politics of this. Folks in the Biden campaign are already starting to refer to Donald Trump as broke Don, which is interesting. And then there is the possibility that the New York Attorney General, Letitia James, would have to start or would start seizing assets, maybe even buildings. How do you think that would play? FRANK LUNTZ, POLLSTER AND COMMUNICATIONS STRATEGIST: I want you to remember this moment and don't forget it. If the New York Attorney General starts to take his homes away, starts to seize his assets, it's all going to be on camera. Pundits are going to sit there and scream about this, this man cannot be elected. You're going to create the greatest victimhood of 2024 and you're going to elect Donald Trump. If they take his stuff, he's going to say that this is proof that the federal government and the establishment and the swamp in Washington and all the politicians across the country and the attorneys generals and all of this, that this is a conspiracy to deny him the presidency. He's going to go up in the polls just like he went up every single time they indicted him. The indictment, let's not talk about whether it's justified or not, but it will prove the things that he's saying on the campaign trail and he will go up and it may just elect him president. Do not forget that. And I say this to the Attorney General right now, if you play politics on this, this is what the secretaries of state did in Colorado and what they did in, I believe, is Maine. His numbers went up in both states. I don't understand. I'm almost speechless in how pathetic the opposition to Trump has been and how completely misguided and this is a perfect example of it... LUNTZ: How is Donald Trump beating Joe Biden? He's got 85 indictments that still exist, felonies. How is he beating Joe Biden with the economy getting better and things cleaning up? Okay. We got - you still have inflation. You still got immigration. Trump is leading. And in the seven swing states, Trump is up by the margin of error in five out of seven. Why is that happening? Because his critics are stupid and they're running a horrible campaign. And for those people who do not want Joe - Donald Trump back, they should be thankful that the people who are orchestrating his loss are as pathetic and they don't understand the American people.

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